BMC Associates says Replied on 12th September,2026 04:11 PM

Yes, but operational creditors do not become members of the Committee of Creditors (CoC) merely because they attend the meeting. Under the Insolvency and Bankruptcy Code (IBC): The CoC primarily consists of financial creditors. An operational creditor can attend a CoC meeting if the statutory conditions are met, particularly where the operational creditor's aggregate dues meet the prescribed threshold. The operational creditor has the right to attend and participate, but does not have voting rights in the CoC. If there is already a financial creditor forming the CoC, that does not by itself prevent an eligible operational creditor from attending the meeting. So, the key distinction is: Financial creditor → CoC member + voting rights Eligible operational creditor → may attend/participate + no voting rights For insolvency and corporate compliance matters, businesses can seek guidance from chartered accountant firms in gurgaon, a chartered accountant gurgaon, a ca firm in gurgaon, or a ca in gurgaon.